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28-Oct-2023 15:35

Rex Intl / The next chapter

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If you observe the past trend of Rex, there is a bb working behind. Good news out, no movement but accumulation first with lots of sell q, then it will explode after awhile. Bad news like the uobkh sell call, it allows it to plunge at a level with a big push subsequently. The boss does care about the share price than a lot of other listco. All aside, this type of industry is red hot now due to Middle East crises, company wise, it will be flushed with cash due to tax rebate, it is correlated with oil price so no reason not to scale back 0.19 NTA price. Now that there is a new discovery. More good news?
Anyway, oil related stocks should be above NTA per share. My views.

petson ( Date: 28-Oct-2023 15:09) Posted:

iit usually start with accumulation, then......

Chansenghoe1971 ( Date: 28-Oct-2023 14:36) Posted:

I am new here but old time investor or punter. Rex is good to go.
Saw accumulation on Friday 169/170. Fake sell queues till 175.

Next week will test 180. My pov.

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28-Oct-2023 14:39

Seatrium / SembM Re-Born Rich

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It should see some reversal soon. Probably when it is nearing the Q3 business update. Seems fuming out Kc shareholders. Good riddance though.
2024 should see turnaround.

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28-Oct-2023 14:36

Rex Intl / The next chapter

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I am new here but old time investor or punter. Rex is good to go.
Saw accumulation on Friday 169/170. Fake sell queues till 175.

Next week will test 180. My pov.

Good Post Bad Post

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